Gold extended gains on Tuesday to hit a one-week high, as dovish comments from Federal Reserve officials boosted bets on interest rate cuts and Venezuela tensions bolstered safe-haven demand.
Spot gold was up 0.4% at $4,463.63 per ounce, as of 0722 GMT, after rising nearly 3% in the last session. Bullion hit a record high of $4,549.71 on December 26, and logged its best annual performance since 1979 last year with a jump of 64%.
